Comodius Bank claims to be in existence since 1994, however, the domain registration details provide an altogether different story. As per the WHOIS Search, the domain (comodius.biz) of the company was registered on 25th May 2018, which is only a few days back.
Moreover, the names listed on the website under the company’s team does not relate to any real identities and the social media profiles of these images also seem fake. If you will check the twitter account of any of the team members listed on their website, you will find that all the profiles were registered in May 2018. Is that a coincidence? Doesn’t seem to be.
The company does not have any retailable product apart from the affiliate membership program. So, if you wish to join them, you will have to become an affiliate.
Comodius Bank offers a minimum investment of $25 to become eligible for all the perks provided by the company. However, those who wish to earn only the referral commission can surely join for free.
After all the research and verification, it is lucid that the company does not want to reveal the genuine information about it. Instead, in an effort to make it look honest and sincere, it has blown it all away. Hence, it would be safe to keep your money out of this platform.
Comodius Bank – Compensation Plan
The fake admins lure the investors to invest more through their ROI plan. There is an advertised ROI for different investment amount.
- Gold Member: You must invest $25 – $1000 for receiving 119.5% ROI in 15 days
- Platinum Member: You must invest $500 – $5000 for receiving 156% ROI in 28 days
- Infinite Member: You must invest $2500 – $50,000 for receiving 212.5% ROI in 45 days
- ONIX Member: You must invest $50 – $50,000 for receiving 5.8% daily ROI for 30 business days which makes it a total of 274%
The company has an internal exchange as well to offer a trade with ONIX points. These points can be sold by the internal exchange at a rate of $1. Whenever the new points are invested the value of the points invested previously increases by 0.000001%.
To withdraw the ONIX points into real money from the platform, the invested funds must remain in the exchange reserve.
Comodius Bank – Referral Commission
The Comodius Bank utilizes uni-level compensation structure to pay referral commission to its affiliates. In a uni-level structure, an affiliate is placed on the top order. The directly recruited affiliates sit right to the next level of the recruiter.
For example, the affiliates who are recruited by the top affiliate are placed on level 1. Those who are recruited by the level 1 affiliates are placed on level 2 and so on. This can go to an infinite series of rows.
The percentage of funds invested by the new affiliates are used to pay the existing ones. The referral commission is paid till three levels.
- Investor (To become an investor, one must persuade others to invest $25 – $9999): 5% on level 1, 2% on level 2 and 1% on level 3
- Representative (To become a Representative, one must persuade others to invest $10,000 – $49,999): 7% on level 1, 2% on level 2 and 1% on level 3
- Director (TO become a Director, one must persuade others to invest $50,000 – $149,999): 10% on level 1, 3% on level 2 and 2% on level 3
- Top-Manager (To become a Top-Manager, one must persuade others to invest $150,000 or more): 15% on level 1, 6% on level 2 and 2% on level 3
Comodius Bank – Review
Hugh Keller: I am not sure. The site is too good to seem true. It is obviously a scam.
Sarah: I was disappointed by this platform. Not what it promised to be. Fake promises, wrong information, and fake details.
The Conclusion from the above Reviews
Comodius Bank is not what it looks like and many have that notion of connecting with it as well. Investors are not happy and there is nothing that is being done by the company to prove its stake. It is all about few affiliate’s joining and then the platform will collapse as it happens with every Ponzi Scheme.
The Verdict
The company claims to be a universal commercial bank and points out that it has been exercising in the USA for last 24 years. Knowing the fact that the domain was recently registered, and the broken English used on the website makes it clear that the claims are hypothetical.
In addition, the company is not even registered with SEC and it offers securities to the citizens of the USA. That makes it illegal too.
There is no proven record of any revenue being generated by the specialist as referred on their website. And, it is lucid that the ROI is generated through their affiliate membership program. They are using new funds in the system to pay the existing recruits. This makes it a Ponzi scheme.
As always, as soon as the recruitment would die, the ROI will also stop. It may happen that they pay till certain threshold decided prior to the plan, but ultimately, the ROI will stop coming in.
Those who would be joining early would be able to make some money, but the majority of the affiliates will lose their investment. These unknown and anonymous admins would be the first to run away leaving the investors on their own.
Hence, it would be wise staying away from this scam. You have got so many other genuine options then why to fall for such obvious scam.